Elon Musks 1 Trillion Ultimatum Will He Stay or Go
This video reports on the potential departure of Elon Musk from his role as CEO of Tesla. The central issue is the approval of his proposed 1 trillion pay package.
The Chairman of Teslas board of directors, Robin Denholm, delivered a statement appealing for the package to be approved ahead of the company's annual meeting in early November. Denholm stressed that the plan is performance-based and designed to motivate Musk to continue leading Tesla for at least another seven and a half years. She emphasized that Musks leadership is critical to Tesla's success.
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